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Data Center Infrastructure Management Market To Witness A High Growth By 2026

More Information @ http://bit.ly/2Oruni4 Healthcare applications will grow at 20

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Data Center Infrastructure Management Market to

grow at 20% CAGR till 2026: Global Market Insights

Inc.

(DCIM) Data Center Infrastructure Management Market size is expected to exceed USD

4.5 billion by 2026. Rising data center IP traffic and increasing demand for intelligent

physical infrastructure for supporting IT assets will drive the market growth over the forecast

timespan.

The growing adoption of cloud computing resources has led to the increased demand for the

construction of data centers. Players are investing highly in the construction of new

hyperscale data centers, propelling the demand to efficiently monitor and evaluate data

center components and infrastructure, thereby driving the DCIM market growth. For

instance, in March 2018, Facebook announced to invest USD 750 million for the construction

of a hyperscale data center facility in Newton County, Atlanta. Additionally, according to

Cisco Global Cloud Index, 2015–2020, the number of hyperscale data center facilities

globally is expected to grow from 338 in 2016 to 628 by 2021, majorly in the U.S. and China,

followed by Japan, the UK, and Germany

Data Center Infrastructure Management Market

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Some major findings of the DCIM market report are:

‣ Increase in consumer and business applications is contributing to the growing

dominance of cloud services globally. The growing adoption of social networking,

streaming video, and internet searches along with business applications, such as

Enterprise Resource Planning (ERP), collaboration, and digital analytics applications,

are increasing data generation

‣ According to Cisco Systems, it is estimated that the global data center IP traffic will

reach 19.5 ZB by the end of 2021, up from 6.0 ZB per year in 2016

‣ Rising data traffic and the need to manage massive data & cloud resources are

encouraging companies to invest in the construction of hyperscale data centers

globally

‣ Key players operating in the industry are Vertiv Co., CommScope, Inc., Rittal GmbH

& Co., KG, STULZ GmbH, Siemens AG, Schneider Electric, Cisco Systems, Inc., CA

Technologies, and ABB Ltd.

‣ Players are focusing on the development of advanced features and functionality in

DCIM software

‣ The growing trend of virtualization impacting data centers led to the increased

demand for DCIM systems for managing IT infrastructure and physical resources for

virtualized environments

In 2018, managed services accounted for around 35% of the industry share. These services

allow businesses to manage and secure critical IT services including colocation & data

centers, Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and cloud

computing. Service providers are helping data center operators in effectively managing

resources by providing visibility and control of their inventory and IT infrastructure assets.

Moreover, outsourcing these solutions offers several benefits, such as planning &

management, enhanced power tracking, control & operational optimization, capacity

utilization, and reporting capabilities, to support global expansion.

Healthcare applications will grow at 20% CAGR over the forecast timeline due to the

increase in investments in healthcare infrastructure and the need to scale data center

capacities. This growth is largely facilitated by the increase in data collected by medical

practitioners such as the complete medical history of a patient, prescriptions & diagnosis

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information, and information of the doctor or the surgeon. In such cases, the need for

effective DCIM software is vital to the operations of the industry.

There is a growing adoption of cloud computing, big data, and IoT technology in Latin

America. Cloud service providers, such as Microsoft Corporation and Google LLC, have

increased data center construction activities in the region. Such companies are investing

highly in these solutions to monitor the operations of high-density components and reduce

operational costs. These solutions provide regular maintenance of the infrastructure and

reduce infrastructure energy consumption, which will help enterprises in improving efficiency.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market

research and consulting service provider; offering syndicated and custom research

reports along with growth consulting services. Our business intelligence and industry

research reports offer clients with penetrative insights and actionable market data

specially designed and presented to aid strategic decision making. These exhaustive

reports are designed via a proprietary research methodology and are available for

key industries such as chemicals, advanced materials, technology, renewable

energy and biotechnology.

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: sales@gminsights.com

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